Airbus says Kuwait Airways in tentative deal to buy 25 jets
PARIS (Reuters) – Airbus confirmed on Monday that Kuwait Airways had signed a provisional agreement to buy 25 new aircraft in the biggest overhaul of its fleet since the 1990 Iraqi invasion.
EVN seeks damages from Hitachi over plant delays
VIENNA (Reuters) – Austrian energy company EVN is seeking to pursue legal action against Japan’s Hitachi over delays to a German power plant, it said on Monday.
Watchdog warns of chaos in competing derivatives rules
LONDON (Reuters) – Failure to thrash out a common supervision of the $640 trillion global financial derivatives industry will split markets and bump up costs for end users, a top regulator said on Monday.
HSBC considering listing UK banking arm: FT
LONDON (Reuters) – HSBC Holdings Plc is considering floating up to 30 percent of its British retail and commercial banking arm to help meet UK regulation and unlock value for shareholders, the Financial Times said on Monday.
Japan aims to expand, revive Asean swap deals at weekend summit: sources
TOKYO (Reuters) – Japan aims to expand or restart bilateral currency swap agreements with five Southeast Asian nations and may announce the deals at a regional summit this weekend in Tokyo, government sources said on Monday.
EU’s Almunia says Gazprom antitrust proposal due this week
PARIS (Reuters) – Russian gas export monopoly Gazprom has promised to present proposals this week to end a year-long investigation into its business practices and avert a possible fine of as much as $14.3 billion, the EU’s antitrust chief said on Monda…
Slower China inflation reduces worries of tighter policy
BEIJING (Reuters) – China’s annual consumer inflation unexpectedly slowed in November, easing market fears of any imminent policy tightening as authorities meet this week to outline their policy and reform priorities for 2014.
EADS plans to cut up to 6,000 jobs and sell its Paris HQ: paper
PARIS (Reuters) – European aerospace company EADS plans to cut between 5,000 and 6,000 jobs and sell its Parisian headquarters as part of a restructuring program it will detail later on Monday, Le Figaro newspaper reported.
After WTO, expectations grow for Trans-Pacific trade deal
SINGAPORE (Reuters) – Expectations are growing that an ambitious trade pact between a dozen nations around the Pacific Rim may be wrapped up in 2-3 months, with signs that political desire for a deal is trumping a string of technical difficulties in dr…
Fearing the Fed, aching for the ECB
BRUSSELS (Reuters) – Investors are sorely missing clarity on the world economy as the year draws to a close, and neither European finance ministers nor a new U.S. central bank president are likely to provide it.